microduck vs Cash Cat

Cash Cat (CASHCAT) is 21.5× the size of microduck (MICRODUCK) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 43.5 percentage points (MICRODUCK -78.8% against CASHCAT -35.3%). Their daily returns move barely together (correlation 0.33 across 23 shared trading days). MICRODUCK has been the more volatile of the two, at 641% annualised against CASHCAT's 264%.

Correlation: 0.33
Size ratio: 1 : 21.5
Ahead over 30 days: CASHCAT

microduckMICRODUCK

$0.005507

24h: -5.15%
Market cap: $5.06M
Volume 24h: $1.23M
Volatility (ann.): 641%

Cash CatCASHCAT

$0.110226

24h: +4.16%
Market cap: $108.87M
Volume 24h: $16.58M
Volatility (ann.): 264%

MICRODUCK 4.4%Share of the two combined market caps95.6% CASHCAT

Performance

MICRODUCKCASHCAT

7 days-29.49%+8.81%CASHCAT
30 days-78.81%-35.26%CASHCAT

Correlation

0.33over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	MICRODUCK	CASHCAT
Max drawdown (400d)	-91.4%	-69.6%
Risk-adjusted return (90d)	-0.12	-0.02

Relative strength over 90 days: CASHCAT outperformed MICRODUCK by 75.0% — measured on the MICRODUCK/CASHCAT ratio, so it holds regardless of market direction.

microduck →Cash Cat →